SUMMARY
Work in Securities Lending Trade Support Section to assist the Securities Lending Desk in all operational responsibilities/aspects of the daily securities lending business (both fixed-income and equity related).
Comply with the following Securities Lending Desk Philosophy:
Since we function in an industry whose challenge are increasingly integrated across the trade life cycle, we need to adapt our mindset to this changing landscape and formulate strategies and goals that are sustainable, comprehensive and wholistic in nature as opposed to short-term, compartmentalized and fragmented in order to successfully serve our Customers.
JOB FUNCTIONS/DUTIES AND RESPONSIBILITIES
1.Fixed Income/Equities Lending trade support; review and processing of transactions.
2.All aspects of Global and domestic markets settlements processing inclusive of Equities and Fixed Income instruments.
3.Mark to Market processing, Equities and Fixed Income.
4.Return processing, Equities and Fixed Income.
5.Collateral processing, Equities and Fixed Income.
6.Customer Sells / Recalls /Reallocations; processing of customers sells to ensure deliveries are settled on settlement date.
7.Trade inquiries, research and reconciliation.
8.Corporate Actions/Income processing.
9.Counterparty/Custodian interaction; liaise with counterparties and our custodian to ensure proper settlements.
10.Prepare internal reports as requested.
REQUIREMENTS
1.Knowledge of Securities Lending in Equities and Fixed Income.
2.Knowledgeable of settlement services.
3.Proficient PC and analytical skills.
4.High communications skills.
5.Bachelor’s degree or equivalent preferably in business or finance.
